Farm Credit System

As of August 8, 2024

Farm Credit System

Investor Presentation

Farm Credit System Overview

The Farm Credit System at a Glance

Mission

The Farm Credit System (`System', `Farm Credit') was created in 1916 to support rural communities and agriculture with reliable, consistent credit and financial services.

Cooperative Structure

Farm Credit is a network of cooperatives owned by its borrowers (farmers, ranchers, agricultural cooperatives and rural customers).

Broad Loan Diversification

Farm Credit's loan portfolio is geographically diversified across all 50 states, U.S. territories, and Puerto Rico, supporting approximately 46% 1 of all U.S. farm business debt.

The portfolio is also diversified by commodity and loan size.

Regulatory and Congressional

Oversight

Farm Credit is regulated and examined by an independent Federal agency, the Farm Credit Administration (FCA).

The System is under the Jurisdiction of the House and Senate Agriculture Committees.

1. Source: USDA Economic Research Service, Feb. 2024.

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Structure and Ownership

Member1

Borrowers

Congressional Oversight

Farm Credit Administration (Regulator)

LOAN

$

Farm Credit Associations

Farm Credit System Banks 2

Farm Credit Funding Corporation 3

Farm Credit Council 4 | Farm Credit System Insurance Corp. 5

Dealers

Key Loans Funds Repayment

Institutional Investors

1. Farmers, ranchers, rural homeowners, rural utility systems and agribusinesses. 2. AgFirst Farm Credit Bank, AgriBank FCB, Farm Credit Bank of Texas, CoBank ACB. CoBank has lending authority to Associations within its District as well as national lending

authorities to agricultural cooperatives, rural utilities and other eligible borrowers. 3. The Farm Credit Funding Corporation is responsible for Systemwide debt issuance and financial disclosure. 4. The Farm Credit Council is the national trade association for the Farm Credit System. 5. The Farm Credit System Insurance Corporation is an independent U.S. Government-controlled corporation which insures the timely payment of principal and interest on debt

obligations issued by the Farm Credit Banks.

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The Farm Credit System - A National Organization with Local Impact

HEALTHCARE Partner with programs that improve the MENTAL HEALTH and WELL-BEING of rural residents

CORPORATE GIVING

GENEROUS donations, DISASTER RELIEF, VOLUNTEER work and fundraising efforts each year

VETERANS

Support HOMEGROWN BY HEROES and programs that assist U.S. Veterans interested in agricultural careers

FOOD SYSTEMS

Foster the creation and maintenance of LOCAL FOOD BANKS nationwide and partner with social ventures that BREAK the CYCLE of hunger and poverty

SCHOLARSHIPS

Champion the NEXT GENERATION of rural community and agriculture business LEADERS

YBS PROGRAM Support the success of YOUNG, BEGINNING and SMALL producers

PATRONAGE

$

Distributed $3.1bn to 605,000 OWNER BORROWERS

in 2023

Find out more here: Community Engagement | Farm Credit

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